Document Type


Publication Date

Fall 2002


Massachusetts is still in a recession. Forecasts made earlier in the year — that the state economy would be experiencing modest growth by now — have been revised. Instead, it continues to contract. Joining long-suffering sectors such as technology and manufacturing, finance and state government are now making employment cuts. Even consumers, whose continued spending has been a last stronghold of the state economy, are showing signs of distress. Will the Commonwealth follow the nation on the road to recovery, or is our trajectory taking us elsewhere?


Published in MassBenchmarks, Vol. 5, No. 4, pp. 4-9:


University of Massachusetts

Included in

Economics Commons



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